Europe Trade scam (EUTRADELTD.COM) are finally gone with all assets. Bet they have a new website and name running already!

UPDATED 1 FEB
As we warned our readers previously, Europe Trade LTD company and website have suddenly dissapeared, taking all the debts they had with them. Of course there is a 99% possibility that they have already launched a new website and they'll promote another scam as soon as possible. We hope those who took our warnings seriously and did not invest with this ponzi pyramid will have a stronger confidence in eCommerce Journal sincere publications and have realized that we are only one resource with real independent contract employees.

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ORIGINAL MATERIAL
InvestDot = VascoInvestment = Europe Trade Ltd

UPDATED 16 NOVEMBER
Their address is just another fake

UPDATED 18 DECEMBER
Paid postings for Europe Trade scam, people tired

UPDATED 20 DECEMBER
Fake address, proof located here

UPDATED 27 JANUARY
Europe Trade ltd. does not execute big withdrawals and limit daily withdrawals to $100 USD per account.

Both InvestDot and VascoInvestment claimed that they were registered companies. InvestDot's registered company known as Trade Agents (UK) Ltd while VascoInvestment's registered company called UK Finance & Trade LLP

When I searched for company details on Companies-House, Europe Trade (UK) Ltd, Trade Agents (UK) LLP and UK Finance & Trade LLP all incorporated under the same address which is SUITE 12, 2ND FLOOR, QUEENS HOUSE, 180 TOTTENHAM COURT ROAD, LONDON W1T 7PD (however UK Finance & Trade LLP is on 3rd Floor);

1) Name & Registered Office:
EUROPE TRADE (UK) LTD
SUITE 12, 2ND FLOOR, QUEENS
HOUSE, 180 TOTTENHAM COURT ROAD
LONDON
W1T 7PD
Company No. 05070895
Status: Active
Date of Incorporation: 11/03/2004
Country of Origin: United Kingdom

2) Name & Registered Office:
TRADE AGENTS (UK) LLP (InvestDot)
SUITE 12
2ND FLOOR QUEENS HOUSE
180 TOTTENHAM COURT ROAD
LONDON W1T 7PD
Company No. OC317667
Status: Active
Date of Incorporation: 07/02/2006
Country of Origin: United Kingdom

3) Name & Registered Office:
UK FINANCE & TRADE LLP (VascoInvestment)
SUITE 12 3RD FLOOR
QUEENS HOUSE
180 TOTTENHAM COURT ROAD
LONDON W1T 7PD
Company No. OC315007
Status: Active
Date of Incorporation: 02/09/2005

Furthermore, when I searched for 'whois' information, again the domain names' Registrant for Europe Trade and InvestDot are at the same address but VascoInvestment falsely registered under VascoInvestment Group which doesn't exist instead of UK Finance & Trade LLP and of course false address too.

1) Domain Name.......... eutradeltd.com
Creation Date........ 2005-12-27
Registration Date.... 2005-12-27
Expiry Date.......... 2010-12-27
Organisation Name.... Europe Trade (UK) Ltd
Organisation Address. 180 Tottenham Court Road
Organisation Address. Suite 12
Organisation Address. London
Organisation Address. W1T 7PD
Organisation Address. London
Organisation Address. GREAT BRITAIN (UK)

2) Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: INVESTDOT.COM
Created on: 27-Jan-04
Expires on: 01-Feb-08
Last Updated on: 11-May-06

Administrative Contact:
ROBERTSHAW, JOHN info@investdot.com
TRADE AGENTS (UK) LLP
180 TOTTENHAM COURT ROAD
2ND FLOOR QUEENS HOUSE
LONDON, W1T 7PD
United Kingdom
Tel - 02030700093 Fax - 02030700093

3) domain: vascoinvestment.com
origin-c: JOCO-1012256
owner: Mark David Liebman
organization: VASCOINVESTMENT GROUP
email: vasco_invest@mailvault.com
address: London, W1
city: London
state: --
postal-code: W1B 2HJ
country: GB
phone: +44 0161 408 2280
Updated Date: 28-Mar-2006
Creation Date: 25-Jun-1998
Expiration Date: 24-Jun-2008

All the companies have similar 'Trade' and 'UK' name. All the programs also have similar small daily interest plans and 180days locked-in period with compound option. It's too suspicious that these programs appear one by one, after one another. Upon disappearing of VascoInvestment, InvestDot has risen. Then after InvestDot gone, this new Europe Trade Ltd is appears.

I think Europe Trade Ltd, InvestDot and VascoInvestment are not the only scam that they're running. There must be other programs running by these same scammers. Maybe they're also running Ralf-Finance as the phone call was 'divert' to the Europe Trade Ltd.

Here is the extract from the 'news' section on Europe Trade Ltd's site "It seems that an unknown individual is desperately trying to blackmail our company :: bla bla bla :: Our investors are receiving their profits as usual according with their payout plans."

Very funny! We neither blackmailed nor threatened them. We're an online HYIP Magazine and not a HYI Program. Obviously, Europe Trade Ltd is not our competitor, so why should we slander their program without any reason? It's ridiculous. Our mission is to provide honest and latest information for our readers.

The fake posts are still flooding the Europe Trade Ltd's thread on public forums. The admin accused someone else did it in order to destroy their program. Give me a break! Why would they targeting this new, small program while there're other big threats and famous programs like fx-experts and offshoreclub. I think most of the fake posts are just 'dirty trick' from the admin themselves.

The admin has argued our first news we wrote about their scam. However, the only argument she said was "We're paying. Give me the name of member who didn't get pay". Yeah right! Of course in the early launched you're paying 'mostly' everybody in order to gain popularity and they're only withdraw small amount right? When they gain popularity, members making large deposit and after that, surely the problem will arise.

How about other issues that we brought up? Why no response from the admin about other issues? Unfortunately, the reply from e-gold as why Europe Trade Ltd's previous e-gold account is placed a blocked on it is unsatisfactorily. According to e-gold, the account is blocked due to various reasons and they refused to elaborate more as they said it's confidential. I believe Europe Trade Ltd is panicking now and will do anything to defend their program. Of course they don't want to lose as they spend so much on advertising. I noticed they purchased top position banner everywhere. Their 'aggressive promotions' are just like their previous scam; InvestDot and VascoInvestment.

A quote from Ecommerce Journal's Editor, Joseph Markin:

"The DDoS attacks have started last week on Thursday and have been going all week long. Currently, we were able to cease this attack. The attack has been created by Europe Trade LTD and was eating up bandwidth up to 4Gigabits per second, that's 40 times more than any regular DDoS.

Eutradeltd.com is company that we've caught on scam (changing e-gold accounts, fake posts, fake customer support etc). On behalf of EJ's administration, I'd like to clearly state that we SHALL continue our FURTHER INVESTIGATION of Europe Trade Ltd scam. We've predicted Solid investment's Scam 1.5 months prior they ran away with investors money (as per our articles of May and June 2006).

So we'll do anything we can to prevent our readers from doing any kind of business with these scammers. Stay away from Europe Trade LTD, read our magazine daily and INVEST SAFELY! "

UPDATED 16 NOVEMBER:

Europe Trade Ltd has stated everywhere that their company address is at "180 Tottenham Court Rd, Suite 12, Queens House London W1T 7PD United Kingdom".

Unfortunately, this is a false address.

This address is not belongs to Europe Trade Ltd, but it's belong to Law Firm Ltd instead. We have reviewed Europe Trade Ltd's documentations of incorporation with Companies House. We found out that, Europe Trade Ltd appointed Law Firm Ltd as their company secretary and it was Law Firm Ltd who made the registration of incorporation on behalf of Europe Trade Ltd. The address which has been used for the registration of incorporation, is the company address of Law Firm Ltd. And the most important thing is, it's not stated anywhere on the documentations, the actual physical office address of Europe Trade Ltd. It's seems that Europe Trade Ltd is hiding behind Law Firm Ltd's office address.

The same thing was done by the previous scammers, which are Vascoinvestment and InvestDot.

All these scammers have had an alliance with Law Firm Ltd to register companies on their behalf and filled up the registration form with Law Firm Ltd's office address. Lately, Europe Trade Ltd is trying to attract more deposits by offering a bonus with an attractive promotion statement "Would you like to get an additional 5% bonus for free? Without doing anything?" It's a weird statement for a program who claims to do real investments. As a real investment company they should know there is no such thing like 'earning without doing anything'. To earn from real investment, you need to do research, read a lots, always alert about current situation of economics and finance, re evaluate and rebalance your portfolios, plan your strategy, etc. Moreover, I noticed the site is experiencing up and downtime too often lately.

History has shown that most scam sites have had the same situation before it's totally vanished. What can I say is, Europe Trade Ltd is showing more and more scam-soon-to-be signs.

UPDATED 18 DECEMBER:

More red signs are appearing from Europe Trade Ltd program.

Recently the introduced what a so called interest adjustment' where the daily interest is lower than it supposed to be. According to the admin, interest adjustment is incurred due to uncertain gain/loss in trading. Hhhhmmmm::. at first they said they are professional traders and guarantee your profit and daily earning. And now, they are introducing new terms created by them such as interest adjustment' and loss adjustment' with their own creation of definition. They reduced the daily interest without prior permission from the members.

For me, it's just simple. Europe Trade is lacking of funds to pay more and more withdrawal requests and moreover some members will reach their 180 days of maturity where Europe Trade is supposedly to give back the initial deposits. Therefore, they have to deduct the current and future daily interest so that they have lesser amount to pay for every incoming withdrawal requests. That's not all, the Europe Trade hires paid posters as we can see on public forums, Europe Trade's threads are flooded with newly signed up and posts count of less than 10 making paid posts.

How paid posting is working, just look!

UPDATED 20 DECEMBER:

By RiskyBoy | December 20, 2006 - 2:23pm.

I called lawFirmLTD (read 16 December update) , I asked If europe trade uk ltd office is located in the 2nd or 3rd floor, and they said:"No, No, No! It's very strange that they replaced our address with theirs!" Dear admin of this site, did I do any mistake that I recorded the call I mentioned above? Should I atatch it and send it to police? Invest wisely!

UPDATED 27 JANUARY:

We received MANY reports from our readers, that big withdrawals are disabled right now. Also each member of Europe Trade can not withdraw more than $100 USD daily.

- Withdrawal can not be executed right now -

If You will try to contact admin about this issue, You 'll be asked to withdraw only $100 daily, and keep silence or your account 'll be banned and removed.

Terrible!

UPDATED 1 FEB:

EuTrade ltd went offline with millions. Ecommerce Journal reported about many red flags last month.

Stay tuned, we 'll report all information we have about eutrade ltd real owners and their REAL location and the NEXT scam site which is already ONLINE and ready to get YOUR MONEY under NEW NAME.